As of March 01, 2026, the average salary for a Insurance Underwriter I in Java, SD is $50,090 per year, which breaks down to an hourly rate of $24.
However, a Insurance Underwriter I's salary can vary significantly. Here’s a look at the typical salary range:
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A Insurance Underwriter I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Insurance Underwriter I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Insurance Underwriter I | 0-2 years | $50,082 |
| Insurance Underwriter II | 2-4 years | $59,007 |
| Insurance Underwriter III | 4-7 years | $76,703 |
| Insurance Underwriter IV | 7+ years | $89,610 |
| Insurance Underwriter V | 7-10 years | $110,429 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 7.06% |
| Financial Services | 1.53% |
| Microsoft Office | 1.23% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Credit Administration
|
$64,616 |
29%
|
|
Team Operations
|
$57,103 |
14%
|
|
Due Diligence
|
$56,602 |
13%
|
|
Self Motivation
|
$56,101 |
12%
|
|
Accountability
|
$55,600 |
11%
|
|
Financial Accounting
|
$54,598 |
9%
|
Understanding how a Insurance Underwriter I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on March 01, 2026Promotions are the fastest way to increase your earnings. As a Insurance Underwriter I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Health Insurance Underwriter | $59,100 | 18% |
| Intermediate Underwriter (Life) | $59,100 | 18% |
| Property Casualty Insurance Underwriter II | $59,010 | 18% |
| Insurance Underwriter II | $59,100 | 18% |
Ready to take the next step in your career? Browse thousands of current Insurance Underwriter I job openings on our job board. Use the search bar below to find your perfect match.
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